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Opunul Corporation has two manufacturing departments--Molding and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates:
Opunul Corporation has two manufacturing departments--Molding and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Estimated total machine-hours (MHS) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per machine-hour Molding 6,500 $ $18,000 $ 1.00 Finish 3,5 $5,5 $ 2. During the most recent month, the company started and completed two jobs Job A and Job M. There were no beginning inventories. Data concerning those two jobs follow Direct materials Direct labor cost Molding machine-hours Finishing machine-hours Job A $16,800 $23,700 2,500 2,500 Job M $10,600 $10,300 4, 1,000 Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine hours and uses a markup of 30% on manufacturing cost to establish selling prices. The calculated selling price for Job AS 7 has two manufacturing departments --Molding and Finishing. The company used the following ng of the year to calculate predetermined overhead rates. Molding 6,500 $18,000 $ 1.00 1 machine-hours (MHS) 1 fixed manufacturing overhead cost able manufacturing overhead cost per machine-hour Finishing 3,500 $5,500 $ 2.00 Total 10,000 $23,500 cent month, the company started and completed two jobs Job A and Job M. There were no les Data concerning those two jobs follow Is ost e-hours ine-hours Job A $16,800 $23,700 2,500 2,500 Job M $10,600 $10,300 4,000 1,000 mpany uses a plantwide predetermined manufacturing overhead rate based on machine hours of 30% on manufacturing cost to establish selling prices The calculated selling price for Job Als Draw 2 30 188 Next >
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